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Zakończenie Subskrypcji Akcji Zwykłych na Okaziciela Serii D
The announcement details the conclusion of a private subscription for ordinary bearer shares Series D issued by 11 Bit Studios S.A. The subscription, authorized on 10 November 2011 by a special general meeting to increase capital without existing shareholders’ subscription rights, commenced on 5 December 2011 and closed early on 9 January 2012, ahead of the originally stipulated 31 January deadline. The subscription capped at 500 000 shares, each with a nominal value of 0.10 zł.
A total of 40 938 shares were actually subscribed and issued on 23 December 2011, at an emission price of 9.00 zł per share. The offering attracted 64 investors, but only ten entered into subscription agreements on the closing date; no sub‑emission arrangements were made. The transaction incurred total costs of 46 722 zł, comprising 41 722 zł for preparation and execution (including notarial fees), 5 000 zł for advisory and informational documentation, with no remuneration paid to sub‑emitters or promotion expenses. These costs are recorded as interim expenses and will be expensed upon registration of the capital increase in accordance with Polish accounting regulations.
The report is confined to Poland, covering a single fiscal period (late 2011–early 2012) and the ordinary share segment of 11 Bit Studios. It follows statutory disclosure requirements under Polish corporate law and the Alternative Trading System regulations, providing a concise overview of subscription dates, share numbers, pricing, investor participation, and cost allocation.
- 11 Bit Studios S.A. concluded a private subscription for Series D ordinary bearer shares, issuing 40,938 shares out of a maximum authorized 500,000.
- The shares were issued on December 23, 2011, at an emission price of 9.00 zł per share, with a nominal value of 0.10 zł per share.
- The subscription period ran from December 5, 2011, to January 9, 2012, closing ahead of the original January 31, 2012 deadline.
- The offering attracted 64 total investors, though only ten finalized subscription agreements by the closing date.
- Total transaction costs amounted to 46,722 zł, consisting of 41,722 zł for preparation and notarial fees and 5,000 zł for advisory and documentation services.
2019/20 Annual Sales Report
Nacon reported a 14.4 % increase in annual sales, reaching €129.4 million for the 2019/20 fiscal year, in line with its IPO guidance of €127–133 million. Total revenue rose from €113.1 million in 2018/19, driven largely by a 40.6 % jump in game sales to €70.7 million, while accessory revenue fell 4.8 % to €52.6 million and other categories declined 20.1 %. Digital game sales surged, accounting for 69 % of game revenue versus 41 % the previous year, a trend amplified by lockdown‑induced consumer behaviour. The fourth quarter saw a 15.5 % drop in overall sales, largely due to a product‑base effect on accessories and temporary store closures from the COVID‑19 crisis, though game sales remained robust.
Operating performance improved, with a current operating margin target of 16 % raised above expectations thanks to higher digital margins. Cash reserves stood at €100 million following a successful IPO that raised €109 million in March 2020, ensuring liquidity for the upcoming fiscal year. Nacon maintains its “NACON 2023” plan, targeting €180–200 million in sales and a margin above 20 % for FY 2022/23. The company projects continued momentum in Q1 2020/21, with new game releases and expanded headset distribution through a partnership with Poly (Plantronics Inc.). Operations have largely shifted to telework, and procurement has returned to normal levels. The company’s 16 subsidiaries operate across 100 countries, supporting a workforce of nearly 450 employees.
- Nacon reported a 14.4% increase in annual sales to €129.4 million for the 2019/20 fiscal year, meeting its IPO guidance range of €127–133 million.
- Game sales grew by 40.6% to €70.7 million, with digital channels accounting for 69% of that revenue compared to 41% in the previous year.
- Accessory revenue declined by 4.8% to €52.6 million, contributing to a 15.5% drop in overall Q4 sales due to store closures and product-base effects.
- The company raised its current operating margin target to 16% due to higher margins from digital game sales.
- Following a March 2020 IPO that raised €109 million, Nacon holds €100 million in cash reserves to ensure liquidity.
Universal Registration Document 2020/2021
Société anonyme governed by a Board of Directors with share capital of €84,908,919 Registered office: 396/466, Rue de la Voyette, CRT 2, 59273 Fretin, France Registration number: 852 538 461 RCS Lille Métropole UNIVERSAL REGISTRATION DOCUMENT This universal registration document was approved on 6 July 2021 by the Autorité des Marchés Financiers (“AMF”) as the competent authority in respect of regulation (EU) 2017/1129.
- Nacon, a gaming company, had its Universal Registration Document approved by the AMF on July 6, 2021, valid until July 5, 2022.
- Nacon amortizes game development costs for new games released from April 1, 2020, over a four-year period using the diminishing balance method, reflecting market digitalization and extended game lifespans.
- Nacon's strategy involves a balanced game lineup across four genres (racing, sports, action/adventure, simulations), including high-budget and lower-cost games, and both existing and new IPs, to mitigate risk and ensure long-term profitability.
- Nacon has nearly 30 years of experience in the third-party accessories market, with a strong European presence for 20 years, supported by subsidiaries across major European countries and exclusive global distributors.
- Nacon's staff turnover increased slightly from 12.9% at March 31, 2020, to 13.3% at March 31, 2021, despite an active HR policy focused on recruitment, training, retention, and an attractive workplace culture.
Universal Registration Document 2024/25: France
UNIVERSAL REGISTRATION DOCUMENT Including the annual financial report Public limited company with a board of directors with a capital of €108 236 070 Registered office: 396/466, Rue de la Voyette – CRT 2 – 59273 Fretin This universal registration document ("URD") was filed on June 27, 2025 with the French Financial Markets Authority ("AMF"), in its capacity as competent Authority under Regulation (EU) 2017/1129, without prior approval in accordance with ...
- NACON's video game studios benefit significantly from tax incentives like the French Video Game Tax Credit (CIJV), which amounted to €10.5 million as of March 31, 2025, up from €6.1 million in 2024, though challenges to calculation methods or regulatory changes pose a risk.
- The global video game market generated $187.7 billion in revenue in 2023, surpassing the combined film and music markets, with a rapid shift towards digital distribution and anticipated growth in cloud gaming due to 5G.
- NACON is prioritizing a qualitative message on trends for fiscal year 2025/26, with a rich lineup of major game releases planned across adventure, sports, racing, and simulation genres, including "Robocop: Rogue City – Unfinished Business™" (July 17) and "Hell is Us™" (September 4).
- NACON's net profit after tax for fiscal year 2024/25 was -€1,753,929, a decrease from €5,282,060 in 2023/24, with revenue excluding taxes also slightly down to €102,394,315 from €106,723,639.
- NACON is investing in sustainability by building a new 1,000 m² video game accessory manufacturing site in Lauwin-Planque, France, to repatriate production closer to European customers, with completion expected in Q2 2025, aiming to reduce GHG emissions and extend product lifespan through repairability and recycled materials.
Current Report No. 3/2020: Admission of Series A and B Shares to Trading
The report announces that on 15 December 2020 the Warsaw Stock Exchange (GPW) adopted resolution 981/2020, authorizing PCF Group S.A. to list specific securities on the GPW primary market. The listed instruments include 2,062,512 ordinary bearer shares of Series A with a nominal value of PLN 0.02 each; 25,437,488 Series A shares subject to conversion into ordinary bearer shares; 2,062,512 ordinary bearer shares of Series B contingent on a capital increase resulting from their issuance; and 2,062,512 rights to ordinary bearer shares of Series B. All issuances carry a nominal value of PLN 0.02 per share or right.
The resolution became effective immediately upon adoption, enabling the securities to commence trading on the GPW. The announcement is framed within the legal basis of § 17(1)(2) of the Minister of Finance Regulation dated 29 March 2018, which governs current and periodic disclosures by issuers of securities. The document serves to inform shareholders and market participants that the company’s Series A and B shares, along with associated rights, are now eligible for trading on a regulated market. No additional data such as pricing, volume, or investor impact metrics are provided; the focus remains on regulatory compliance and the formal listing of the specified securities.
- On 15 December 2020, the Warsaw Stock Exchange (GPW) authorized PCF Group S.A. to list its Series A and B shares on the primary market.
- The listing includes 2,062,512 ordinary bearer shares of Series A and 25,437,488 Series A shares subject to conversion.
- The authorization covers 2,062,512 ordinary bearer shares of Series B contingent on a capital increase and 2,062,512 rights to Series B shares.
- All listed securities and rights carry a nominal value of PLN 0.02 per unit.
- The GPW resolution 981/2020 became effective immediately upon its adoption on 15 December 2020, enabling the commencement of trading.
Raport bieżący nr 5/2020: Wprowadzenie do obrotu akcji i PDA
The report announces the initiation of trading for PCF Group S.A.’s Series A shares and Series B rights on the Warsaw Stock Exchange’s primary market, effective 18 December 2020. The company confirms receipt of the exchange’s resolutions: resolution 992/2020 authorises 27,500,000 Series A shares with a nominal value of PLN 0.02 each, listed under the ticker “PCF”; resolution 993/2020 authorises 2,062,512 Series B rights with the same nominal value, listed under “PCFA”. Both instruments are registered with KDPW and carry ISIN codes PLPCFGR00010 (Series A) and PLPCFGR00036 (Series B). The announcement is issued under the legal framework of §17(1)(4) of the 2018 Ministerial Regulation on ongoing and periodic information from issuers, ensuring compliance with disclosure requirements for non‑EU jurisdictions.
Key data points include the exact share and rights quantities, nominal values, ISIN identifiers, ticker symbols, and the precise effective date of market entry. The scope is limited to the Warsaw Stock Exchange’s primary market and pertains solely to PCF Group S.A.’s equity instruments. Methodologically, the report relies on official exchange resolutions and internal corporate communication; no survey or external data sources are cited. The document serves to inform investors and market participants of the new trading instruments, confirming regulatory approval and providing essential identifiers for trade execution.
- PCF Group S.A. initiated trading of its Series A shares and Series B rights on the Warsaw Stock Exchange primary market effective 18 December 2020.
- The exchange authorized 27,500,000 Series A shares under the ticker “PCF” with a nominal value of PLN 0.02 per share.
- The company listed 2,062,512 Series B rights under the ticker “PCFA” with a nominal value of PLN 0.02 per right.
- Series A shares are registered under ISIN code PLPCFGR00010, while Series B rights are registered under ISIN code PLPCFGR00036.
- Both the Series A shares and Series B rights are officially registered with the Central Securities Depository of Poland (KDPW).
Zakończenie subskrypcji akcji serii B oraz sprzedaży części akcji serii A w ofercie publicznej
The report details the completion of PCF Group S.A.’s public subscription for 2,062,512 new Series B shares and the simultaneous sale of an equal number of existing Series A shares. The transaction aimed to secure listing on the Warsaw Stock Exchange and involved all 27,500,000 existing Series A shares. The subscription period ran from 26 November to 3 December 2020 for individual investors and employee‑shareholder tranches, while institutional investors were engaged from 27 November to 9 December. Allocation occurred on 11 December, with all offered shares fully distributed.
The offering was structured into three tranches: individual investors (price 46.00 PLN), employee‑shareholder tranches (41.40 PLN), and institutional investors (50.00 PLN). Employee‑shareholder bids were treated preferentially, and a 98.486 % reduction applied only to individual investor bids for new shares. Institutional investors received both new and existing shares, with 284 institutions subscribing to the sale of existing Series A shares.
Total subscription volume for new shares reached 42,310,783 bids across all tranches, while the sale of existing shares attracted exactly 2,062,512 bids from institutions. Allocation matched the offered quantities: 2,062,512 new shares and 2,062,512 existing shares were issued. The average price for new shares varied by tranche, with the institutional tranche at 50 PLN, resulting in a subscription value of approximately 100.29 million PLN and a sale value of about 103.13 million PLN.
The report notes that detailed cost breakdowns and final pricing will be disclosed in subsequent filings, as the company has not yet finalized all expense items. The transaction represents a significant capital‑raising effort, expanding the company’s share base and facilitating its entry onto Poland’s regulated market.
- PCF Group S.A. successfully completed a public offering of 2,062,512 new Series B shares and the sale of 2,062,512 existing Series A shares to facilitate its listing on the Warsaw Stock Exchange.
- The offering generated a subscription value of approximately 100.29 million PLN for new shares and a sale value of approximately 103.13 million PLN for existing shares.
- Shares were distributed across three tranches with varying prices: 46.00 PLN for individual investors, 41.40 PLN for employees, and 50.00 PLN for institutional investors.
- Demand for the new Series B shares significantly exceeded supply, resulting in a 98.486% reduction rate for individual investor bids.
- The institutional tranche was fully subscribed by 284 institutions, which acquired the entirety of the 2,062,512 existing Series A shares offered.
Terminy publikacji raportów okresowych przez PCF Group S.A. w roku obrotowym 2021
The report announces the publication schedule for PCF Group S.A.’s periodic disclosures in the 2021 fiscal year, pursuant to Polish financial regulation. It specifies that both the individual and consolidated annual reports for 2020 will be released on 29 April 2021. Consolidated quarterly reports are scheduled for the first quarter (28 May 2021) and third quarter (29 November 2021), while the consolidated half‑yearly report for the first half of 2021 will appear on 29 September 2021. The company confirms that it will not issue individual quarterly or half‑yearly reports, aligning with § 62 of the regulation. Instead, it will provide consolidated quarterly statements containing the required financial information and a consolidated half‑yearly report with a condensed financial statement. Additionally, PCF Group S.A. declares its decision to forgo publishing the consolidated quarterly report for Q4 2020 and the consolidated quarterly reports for Q2 and Q4 2021, in accordance with § 79(2) of the regulation. The scope covers all reporting obligations for PCF Group S.A. within Poland’s 2021 fiscal year, with no mention of external data sources or survey methodology, as the document serves purely to inform stakeholders of compliance timelines.
- PCF Group S.A. will release its 2020 individual and consolidated annual reports on 29 April 2021.
- The consolidated half-yearly report for the first half of 2021 is scheduled for publication on 29 September 2021.
- Consolidated quarterly reports for Q1 and Q3 2021 are set to be released on 28 May 2021 and 29 November 2021, respectively.
- PCF Group S.A. will not issue individual quarterly or half-yearly reports, opting instead to provide consolidated statements in accordance with Polish financial regulations.
- The company has formally opted out of publishing consolidated quarterly reports for Q4 2020, Q2 2021, and Q4 2021, as permitted under § 79(2) of the applicable regulations.
Raport Bieżący Nr 7/2021: Wyznaczenie Ostatniego Dnia Notowania Praw do Akcji Serii B
The report announces that on February 1, 2021 the board of PCF Group S.A. received confirmation from the Warsaw Stock Exchange (GPW) regarding two key decisions affecting the company’s Series B ordinary shares. First, GPW’s resolution No. 86/2021 designates February 2, 2021 as the final trading day for 2,062,512 Series B shares, each with a nominal value of 0.02 PLN and identified by ISIN PLPCFGR00036. Second, resolution No. 87/2021 authorises the introduction of the same number of Series B shares into primary market trading on February 3, 2021, contingent upon the National Securities Depository’s registration of these shares and assignment of ISIN PLPCFGR00010. Both resolutions became effective immediately upon adoption.
The document serves to inform shareholders and market participants of the scheduled cessation of trading for existing Series B shares and the subsequent listing of newly issued shares, thereby ensuring compliance with Polish financial regulations. It references § 17(1)(4) of the 2018 Ministerial Regulation on ongoing and periodic information required from issuers, underscoring the legal basis for disclosure. No additional data such as market impact figures or investor surveys are included; the focus remains strictly on procedural dates, share quantities, nominal values, and ISIN identifiers. The scope is limited to PCF Group S.A.’s Series B ordinary shares within the Polish capital market, covering a single time frame in early February 2021.
- PCF Group S.A. will cease trading of 2,062,512 Series B shares (ISIN PLPCFGR00036) on the Warsaw Stock Exchange after February 2, 2021.
- The company will introduce 2,062,512 new Series B shares to primary market trading on February 3, 2021, under the new ISIN PLPCFGR00010.
- The transition of Series B shares is contingent upon the registration of the new shares by the National Securities Depository.
- Each of the 2,062,512 Series B shares involved in the transition carries a nominal value of 0.02 PLN.
- The Warsaw Stock Exchange formalized these changes through resolutions No. 86/2021 and No. 87/2021, both effective as of February 1, 2021.
Current Report No. 20/2021: Conclusion of Series B Share Subscription and Partial Series A Sale
The report details the completion of a Series B share subscription and partial sale of Series A shares by PCF Group S.A. The primary objective is to disclose the costs incurred during the Series B subscription, supplementing earlier information released in report No. 6/2020. Total emission costs amounted to 6,327 thousand PLN, broken down into preparation and execution of the offer (4,180 k), prospectus drafting and advisory services (2,071 k), and promotional expenses (76 k). No sub‑emitter fees applied.
Accounting treatment of these costs is outlined: in 2020, 2,235 k PLN were recorded, with 1,067 k PLN treated as inter‑period cost adjustments reducing the capital reserve from excess issue value over par, and 1,168 k PLN expensed operationally. In 2021, 4,092 k PLN were recorded similarly, with 2,052 k PLN reducing the capital reserve and 2,040 k PLN expensed.
The average cost per security issued or sold was calculated at 1.53 PLN. The report covers the Polish market, focusing on PCF Group’s public offerings during 2020–2021. No survey or external data sources are cited; the methodology relies on internal financial records and regulatory reporting requirements under Polish finance ministry regulations. The concise disclosure fulfills legal obligations for ongoing information to investors and regulators, providing transparency on the financial impact of the share issuance activities.
- PCF Group S.A. incurred total costs of 6,327 thousand PLN for the Series B share subscription and partial Series A share sale conducted between 2020 and 2021.
- The total issuance costs comprised 4,180 thousand PLN for offer preparation and execution, 2,071 thousand PLN for prospectus and advisory services, and 76 thousand PLN for promotional expenses.
- The average cost per security issued or sold during the offering process was 1.53 PLN.
- In 2020, PCF Group recorded 2,235 thousand PLN in costs, split between 1,067 thousand PLN charged to capital reserves and 1,168 thousand PLN expensed operationally.
- In 2021, the company recorded 4,092 thousand PLN in costs, with 2,052 thousand PLN reducing the capital reserve and 2,040 thousand PLN expensed operationally.
Zakończenie subskrypcji akcji serii D
The report announces the completion of a private subscription offering 387,714 ordinary shares of Series D by PCF Group S.A., a Warsaw‑based company. The subscription was directed solely to Fiducie Familiale Samuel Girardin 2020, a trust established in Montreal for Samuel Girardin and related parties. The transaction was authorized by the company’s Extraordinary General Meeting on 24 May 2021 and finalized with a subscription agreement dated 31 May 2021. Each Series D share carried a nominal value of PLN 0.02 and was issued at an emission price of PLN 75.75, resulting in a total subscription value of PLN 29,369,335.50.
The offering was conducted as a private placement under Polish company law (art. 431 §2(1) of the 2000 Companies Act), with no public solicitation or multiple tranches. Consequently, there were no subscription records, no allocation reductions, and the sole investor received all shares. The shares were paid for in cash; no sub‑emission arrangements or additional costs were disclosed at the time of reporting. Detailed cost breakdowns and average per‑share expenses are pending final invoicing and will be disclosed in a separate subsequent report. The transaction represents a capital increase for PCF Group, with the Series D shares intended to be listed on the Warsaw Stock Exchange and dematerialised in a securities depository, pending regulatory approval.
- PCF Group S.A. completed a private placement of 387,714 Series D ordinary shares to Fiducie Familiale Samuel Girardin 2020.
- The total subscription value of the transaction reached PLN 29,369,335.50, with each share issued at a price of PLN 75.75.
- The issuance was authorized by the company’s Extraordinary General Meeting on 24 May 2021 and finalized via a subscription agreement on 31 May 2021.
- The transaction was executed as a private placement under Polish law, with the entirety of the shares allocated to the single investor, Fiducie Familiale Samuel Girardin 2020.
- PCF Group S.A. intends to list the new Series D shares on the Warsaw Stock Exchange and proceed with their dematerialization in a securities depository.
Current Report No. 36/2021: Admission and Introduction to Trading on the Regulated Market
The report announces that PCF Group S.A., a Warsaw‑based company, has received approval from the Warsaw Stock Exchange (GPW) to list 387,714 bearer shares of Series D on the Main Market. The GPW board adopted decision 783/2021 on 4 August 2021, authorizing the admission and introduction of these shares to trading. The shares carry a nominal value of 0.02 PLN each and will be registered by the National Securities Depository (Krajowy Depozyt Papierów Wartościowych) on 9 August 2021, at which point they will receive the market code PLPCFGR00010. The decision became effective immediately upon adoption, allowing the shares to enter primary market trading from 9 August 2021.
The document is a regulatory filing under Polish financial legislation, specifically §17(1)(2) of the Minister of Finance Regulation dated 29 March 2018, which governs current and periodic information required from issuers. The filing covers a single geographic jurisdiction—Poland—and pertains exclusively to the equity segment of the regulated market. No survey or statistical methodology is presented; the report simply records the administrative approval and registration timeline for the new share class. The information is intended to inform market participants of the availability of Series D shares for trading and the procedural steps completed by the issuer and exchange.
- The Warsaw Stock Exchange (GPW) authorized the admission and introduction of 387,714 Series D bearer shares for PCF Group S.A. to the Main Market.
- The Series D shares have a nominal value of 0.02 PLN each and are identified by the market code PLPCFGR00010.
- Trading for the new Series D shares officially commenced on the primary market on 9 August 2021.
- The National Securities Depository (Krajowy Depozyt Papierów Wartościowych) completed the registration of the shares on 9 August 2021.
- The GPW board finalized the authorization decision (No. 783/2021) on 4 August 2021, with immediate effect upon adoption.